Approval under section 10(23G) granted subject to compliance with rule 2E, books maintenance and audit requirements. Approval is granted to M/s PPN Power Generating Company Limited under section 10(23G), read with rule 2E, effective for the assessment year 2002-03, for its Combined Cycle Gas Turbine power project at Pillaiperumalnallur, Tamil Nadu. The approval is conditional on compliance with section 10(23G) and rule 2E, and may be withdrawn if the enterprise ceases the eligible business, fails to maintain books and obtain an audit as required by sub rule (6) of rule 2E, or fails to furnish the requisite audit report.
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Provisions expressly mentioned in the judgment/order text.
Approval under section 10(23G) granted subject to compliance with rule 2E, books maintenance and audit requirements.
Approval is granted to M/s PPN Power Generating Company Limited under section 10(23G), read with rule 2E, effective for the assessment year 2002-03, for its Combined Cycle Gas Turbine power project at Pillaiperumalnallur, Tamil Nadu. The approval is conditional on compliance with section 10(23G) and rule 2E, and may be withdrawn if the enterprise ceases the eligible business, fails to maintain books and obtain an audit as required by sub rule (6) of rule 2E, or fails to furnish the requisite audit report.
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